Author: Ray Yurkowski

Markham mayor “thrilled” Toronto on Amazon shortlist

Amazon has narrowed the group of potential sites for its second headquarters to 20 locations and Toronto is the only Canadian city to make the list. The Seattle-based company selected the finalists from 238 proposals. Amazon said it will spend $5 billion at the winning location and will employ 50,000 there. A final decision will be made later this year. “We are thrilled to hear Amazon has included Toronto Global’s bid on the shortlist for its second headquarters,” said Markham Mayor Frank Scarpitti. “Markham is proud to be a part of that bid which demonstrates our strength as a region...

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New director of education looks to earn trust

Louise Sirisko has started her new job as director of education for the York Region school board. “I look forward to supporting our students and their families and our staff members with my knowledge, skills and passion for student well being,” she wrote, in an open letter to parents on Jan. 15. “Being new to the board, my priority will be to listen and learn from as many students, staff, families, community members and trustees as possible.” “The most important goal I have, in my first months as director, is to build relationships and to earn trust,” says Sirisko,...

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StatsCan says Canadians spending as much on marijuana as wine

With the Government of Canada poised to legalize access to cannabis for non-medical purposes in 2018, Statistics Canada released a report, on Dec. 18, estimating consumption of the herb from 1960 to 2015. The study estimates 4.9 million cannabis consumers in Canada, aged 15 and older in 2015, including both medical and non-medical use. That translates to an estimated 697.5 tonnes of weed. Assuming a price range of $7.14 to $8.84 per gram, the estimated value of cannabis consumption in Canada in 2015 ranged from $5 billion to $6.2 billion, making the pot market roughly one-half to two-thirds of the size of the $9.2 billion beer market or about 70 to...

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Shopping in York Region now available 364 days a year

Markham Mayor Frank Scarpitti blasted York Region council for their decision to uphold a controversial holiday shopping bylaw. On Nov. 16, regional council voted, 17-3, in favour of enacting a bylaw to permit local retailers to open on statutory holidays, should they choose to, with the exception of Christmas Day. The purpose: to establish a consistent approach to retail operations in York Region. Stores will now be permitted to open on New Year’s Day, Family Day, Good Friday, Easter Sunday, Victoria Day, Canada Day, Labour Day and Thanksgiving Day. While retailers don’t have to open, many will, in an...

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New buyer stress test set to limit home price appreciation in 2018

According to a Royal LePage market survey forecast, released on Dec. 13, the House Price Composite, which measures home prices in 53 key Canadian cities, is expected to increase 4.9 per cent by the end of 2018 to $661,919, in the face of a series of measures aimed at affordability challenges in Greater Vancouver and the Greater Toronto Area (GTA). One of the most significant regulatory interventions in the housing industry in years is the Office of the Superintendent of Financial Institutions (OSFI) mortgage financing stress test, which takes effect on January 1. The stress test targets existing and prospective...

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Calendar of Events

  1. Markham Museum

    November 5, 2017 - December 31, 2018